Since the global pandemic transformed the employment landscape and led to the Great Resignation, or ‘Big Quit,’ employers continue to struggle to maintain a committed workforce. Employers recognize that their previous inflexible policies and low wages with minimal incremental growth ...
Read More »M&A coming back stronger in 2023 despite economic challenges
With historically high deal counts and values, 2021 was an unprecedented year for the global mergers and acquisitions (M&A) market. In 2022, though, the total value of mergers and acquisitions in the U.S. and Canada fell to $1.477 trillion, a ...
Read More »Artificial intelligence can revolutionize how business is done
All the buzz lately is about ChatGPT, an artificial intelligence chatbot designed to produce, in seconds, natural-language responses to user prompts. As Ajay Agrawal, Joshua Gans, and Avi Goldfarb write in a recent issue of the Harvard Business Review, ChatGPT ...
Read More »What businesses need to know about future litigation risks
Although 2022 saw an overall demand for law services decline on a national level from 2021, one area where midsize firms remained particularly strong was litigation, per Thomson Reuters’ 2023 Report on the State of the Legal Market. Employment and ...
Read More »What employers with group health plans have to do before the COVID-19 emergency ends
If you are an employer sponsoring a group health plan for your employees, chances are you’re aware of the special rules intended to enhance coverage and provide administrative relief during the COVID-19 pandemic. The rules are generally tied to the ...
Read More »Commercial insurance: An annual review of coverage can prevent future disaster
With spring approaching, companies should consider adding an annual insurance checkup to their “spring cleaning” to-do list. Many businesses have, at some point, encountered this nightmare scenario: despite paying substantial insurance premiums year after year, a significant claim arises and ...
Read More »Know your entity status: Reduced fees carry increased penalties for honest mistakes
Just before the New Year, President Joe Biden signed into law the Unleashing American Innovators Act of 2022 with the goal of addressing disparities in the U.S. patent system and expanding access to patents among underrepresented communities. The Act modifies ...
Read More »Employee termination best practices: Exit interviews and final paychecks
Exit interviews are a very useful tool and can provide valuable information to an employer to help avoid future claims and improve employee retention. They are also the perfect time to provide a departing employee with their final paycheck in ...
Read More »IP frontiers: Supreme Court to determine extraterritorial reach of Lanham Act
Business is becoming an increasingly global venture. Given that, American businesses with trademarks in the global marketplace must become adept at enforcing their intellectual property rights against infringement around the world. In recent years, many foreign companies have been taking ...
Read More »ADA lawsuit against hotel revived by federal court
A disabled person with no intention of visiting Baltimore may nevertheless sue a hotel in the city for allegedly violating a federal law requiring that it provide details of its accommodations for disabled guests on reservation websites, a federal appeals ...
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